515 result(s) for state debt
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.
That's All For Now Folks! Market Expects Halt In Rate Cuts In Hungary
- 27 May 2010 2:00 AM
- business
"The National Bank of Hungary (NBH) will end its rate cut cycle next Monday, analysts’ consensus forecast showed in a Portfolio.hu poll on Wednesday. Their key argument is the palpable deterioration of the global investment environment, but several analysts also pointed to growing uncertainties about the incoming government’s economic policy.
Hungary Orbán Pledges "Radical Simplification" Of The Tax Regime
- 20 May 2010 2:00 AM
- business
"Poverty is the gravedigger of democracy," said Viktor Orbán, Hungary’s Prime Minister-elect on Wednesday, adding that he would include this statement in the government’s economic programme. He borrowed the quote from Sándor Demján, head of real estate developer giant TriGranit, who spoke before him at a conference in Budapest today. With regard to the incoming cabinet’s tax plans Orbán said they ...
IMF, EU To Accept Only Constructive Action From New Hungarian Government
- 19 May 2010 3:00 AM
- current affairs
"There is very limited guidance from Hungary’s new government on how it intends to approach fiscal consolidation in the quarters ahead, research analysts at UBS said after a recent visit to Budapest. Most observers are disregarding the populist rhetoric of centre-right Fidesz, which obtained an unprecedented two-thirds legislative majority in April - and are waiting to see actual action which ...
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary Matolcsy Would Like To See The Entire Monetary Council Go
- 12 May 2010 4:00 AM
- business
"Hungary’s Economy Minister-designate György Matolcsy said members of the central bank’s (NBH) Monetary Council should resign for the mistakes they have made over the past seven years. In an interview with local daily Népszabadság he also said he was dissatisfied in general with the work of all financial regulatory institutions, including markets watchdog PSZÁF.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Hungary Forint Eases To Horrific Levels
- 7 May 2010 6:00 AM
- business
"As the signs of panic became apparent, Hungary’s forint eased further against the euro late on Thursday. Amidst increasing selling pressure the HUF depreciated to above 284, but in early morning trading on Friday the market seemed more at calm and EUR/HUF is currently quoted at around 282.
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.
That's All For Now Folks! Market Expects Halt In Rate Cuts In Hungary
- 27 May 2010 2:00 AM
- business
"The National Bank of Hungary (NBH) will end its rate cut cycle next Monday, analysts’ consensus forecast showed in a Portfolio.hu poll on Wednesday. Their key argument is the palpable deterioration of the global investment environment, but several analysts also pointed to growing uncertainties about the incoming government’s economic policy.
Hungary Orbán Pledges "Radical Simplification" Of The Tax Regime
- 20 May 2010 2:00 AM
- business
"Poverty is the gravedigger of democracy," said Viktor Orbán, Hungary’s Prime Minister-elect on Wednesday, adding that he would include this statement in the government’s economic programme. He borrowed the quote from Sándor Demján, head of real estate developer giant TriGranit, who spoke before him at a conference in Budapest today. With regard to the incoming cabinet’s tax plans Orbán said they ...
IMF, EU To Accept Only Constructive Action From New Hungarian Government
- 19 May 2010 3:00 AM
- current affairs
"There is very limited guidance from Hungary’s new government on how it intends to approach fiscal consolidation in the quarters ahead, research analysts at UBS said after a recent visit to Budapest. Most observers are disregarding the populist rhetoric of centre-right Fidesz, which obtained an unprecedented two-thirds legislative majority in April - and are waiting to see actual action which ...
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary Matolcsy Would Like To See The Entire Monetary Council Go
- 12 May 2010 4:00 AM
- business
"Hungary’s Economy Minister-designate György Matolcsy said members of the central bank’s (NBH) Monetary Council should resign for the mistakes they have made over the past seven years. In an interview with local daily Népszabadság he also said he was dissatisfied in general with the work of all financial regulatory institutions, including markets watchdog PSZÁF.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Hungary Forint Eases To Horrific Levels
- 7 May 2010 6:00 AM
- business
"As the signs of panic became apparent, Hungary’s forint eased further against the euro late on Thursday. Amidst increasing selling pressure the HUF depreciated to above 284, but in early morning trading on Friday the market seemed more at calm and EUR/HUF is currently quoted at around 282.
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.